Welcome to our dedicated page for Constellium Se news (Ticker: CSTM), a resource for investors and traders seeking the latest updates and insights on Constellium Se stock.
Constellium SE develops and manufactures value-added aluminum rolled and extruded products for aerospace, space, defense, packaging, automotive, commercial transportation and general industrial markets. The company converts aluminum into semi-fabricated and, in some applications, fully fabricated alloy products designed for stringent performance requirements.
Company updates commonly address segment results across Aerospace & Transportation, Packaging & Automotive Rolled Products, and Automotive Structures & Industry; shipment, revenue, Adjusted EBITDA, cash-flow and leverage trends; customer agreements for aluminum alloy extrusions and Airware® aluminum-lithium solutions; plant investments such as the Singen finishing lines for aluminum foilstock; and capital allocation actions including ordinary-share repurchases.
Constellium SE (NYSE: CSTM) expands its advanced aluminium solutions with the launch of Aheadd®, high-performance aluminium powders designed for additive manufacturing. These powders cater to various industries, including aerospace, motorsports, and defense, offering unmatched thermal stability and potential cost reductions by replacing titanium. The company partnered with Poly-Shape for innovative component development, showcasing its commitment to meeting customer needs in the evolving additive manufacturing market.
Constellium (NYSE: CSTM) announced a private offering of $325 million in senior unsecured notes due 2028, with a 5.625% annual interest rate. The offering is set to close on June 30, 2020, and is intended to fund the redemption of existing 4.625% Senior Notes due 2021. The company will use additional proceeds for general corporate purposes. The notes are offered to qualified institutional buyers and are not registered under the Securities Act, restricting sales to certain investors only.
Constellium SE (NYSE: CSTM) announced a proposed private offering of approximately $300 million in senior unsecured notes due 2028. The proceeds will fund the redemption of 100% of its 4.625% Senior Notes due 2021 and general corporate purposes. The redemption date is expected on July 16, 2020, contingent on the notes offering's success. The notes will be sold to qualified institutional buyers and are not registered under the Securities Act, limiting their availability to retail investors.
Constellium (NYSE: CSTM) announced that the notice and agenda for its Annual General Meeting of Shareholders will be available on its website. The meeting is scheduled for June 29, 2020, at 16:00 CET. The company, a leader in innovative aluminium products for various markets including aerospace and automotive, generated €5.9 billion in revenue in 2019. Shareholders can access documents related to the meeting free of charge by contacting the Corporate Secretary.
Constellium (NYSE: CSTM) has entered into a significant 10-year contract with Airbus, enhancing their long-term partnership. The agreement involves supplying advanced aluminum products, including wing skin panels and fuselage sheets, utilizing Constellium's proprietary Airware® aluminum-lithium alloy technology. This partnership is underscored by Constellium's recognition as a top performer by Airbus in their Supply Chain and Quality Improvement Program. Constellium will fulfill this contract from its facilities in France and the USA, affirming its leadership in advanced aluminum solutions.